Growth Metrics

Backblaze (BLZE) Net Margin (2020 - 2025)

Backblaze (BLZE) has 6 years of Net Margin data on record, last reported at 10.17% in Q3 2025.

  • For Q3 2025, Net Margin rose 2897.0% year-over-year to 10.17%; the TTM value through Sep 2025 reached 24.37%, up 1345.0%, while the annual FY2024 figure was 38.03%, 2051.0% up from the prior year.
  • Net Margin reached 10.17% in Q3 2025 per BLZE's latest filing, up from 19.55% in the prior quarter.
  • Across five years, Net Margin topped out at 10.17% in Q3 2025 and bottomed at 73.15% in Q1 2023.
  • Average Net Margin over 5 years is 42.75%, with a median of 42.48% recorded in 2023.
  • Peak YoY movement for Net Margin: skyrocketed 38022bps in 2021, then tumbled -4098bps in 2022.
  • A 5-year view of Net Margin shows it stood at 51.37% in 2021, then dropped by -23bps to 63.22% in 2022, then soared by 33bps to 42.48% in 2023, then dropped by 0bps to 42.55% in 2024, then skyrocketed by 76bps to 10.17% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 10.17% in Q3 2025, 19.55% in Q2 2025, and 26.94% in Q1 2025.